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Wednesday, 16 December 2015

Dasuki used stolen money to buy properties in Dubai and London

The Economic and Financial Crimes Commission (EFCC) has said that former National Security Adviser (NSA), Sambo Dasuki used funds allegedly looted from Nigeria’s coffers to acquire assets in London and Dubai.

Read more after the cut....

This was disclosed by the EFCC in opposition to Dasuki’s bail application before an Abuja High Court on Tuesday, December 15, 2015.

“The applicant transferred huge sums of monies to various companies, whose identities we are still trying to trace,” the EFCC said.

“And, if released on bail, the applicant will interfere and frustrate our investigation. Our investigation also revealed that the applicant transferred large sums of monies outside Nigeria and he acquired several assets in Dubai and London with these funds,” it added.

Dasuki is being investigated for allegedly supervising the laundering of $2 billion in funds meant for the procurement of arms for Nigeria’s military.

The former NSA was arrested by the Department of State Services (DSS) on December 1, 2015 and handed over to the EFCC the following day.

President Muhammadu Buhari had ordered the arrest of Dasuki and others indicted in the alleged fraud after receiving a report submitted by a panel instituted by him to probe Nigeria’s arms purchases from 2007-2015.

The former NSA has been in the eye of the storm since being removed by Buhari in July.

His homes in Sokoto and Abuja were raided by agents of the DSS and he was subsequently charged with money laundering and illegal possession of weapons.

The EFCC has also arrested 20 of Dasuki's former staff, Chairman of Africa Independent Television (AIT), Raymond Dokpesi and former Sokoto State Governor, Attahiru Bafarawain connection with the allegations.